Overview

Lincoln Park Towers was originally constructed as a medical building in 1912 before its conversion into residential units in 1979. In 2002, Urban Atlantic acquired the building, upgrading key building systems and making cosmetic improvements.

Location

Newark, NJ

Size

80 Units

Year Completed

2002

Project Type

Overview

Urban Atlantic acquired Bolton House in 2006, preserving it as affordable housing and implemeting substantial renovations through a nationally recognized innovative financing structure. Further, the renovation strategy did not require the displacement of any residents.

Location

Baltimore, MD

Size

260 Units

Year Completed

2000

Project Type

Overview

Built in the 1980’s, Woods at Addison was acquired in 2013 by Urban Atlantic and its non profit partner NHP through an Affordable Preservation Fund by PNC Bank. Following capital improvements, Urban and NHP sold the property to a joint-venture between Urban Atlantic and Federal Capital Partners that allows continued capital improvements and the preservation of the properties as affordable to moderate-income households

Location

Capitol Heights, MD

Size

225 Units

Year Completed

2014

Project Type

Overview

Built in 1975, Bolton North is a 209‐unit affordable senior housing hi‐rise located in Baltimore City’s historic and thriving Bolton Hill neighborhood. Through an Affordable Housing Preservation Fund by PNC Bank, Urban Atlantic and its partner NHP acquired the property in 2013. In 2017, they refinanced it using Low Income Housing Tax Credits in order to preserve long term affordability and implement $7 Million in capital improvements.

Location

Baltimore, MD

Size

209 Units

JV Partner

NHP

Year Completed

2013

Project Type

Overview

Built in the 1980’s, Holly Spring Meadows was acquired in 2013 by Urban Atlantic and its non profit partner NHP through an Affordable Preservation Fund by PNC Bank. Following capital improvements, Urban and NHP sold the property to a joint-venture between Urban Atlantic and Federal Capital Partners that allows continued capital improvements and the preservation of the properties as affordable to moderate-income households